- 75+ cryptocurrencies available
- Strong security
- Hot wallet insurance
- Debit card available
- Up to 3% back on card purchases
- Staking is supported
- User-friendly iOS/Android apps
- Transaction fees can be high
- Margin or leveraged trading not supported
- Customer support
Gemini is a cryptocurrency exchange operated by Gemini Trust Company and was founded in 2014 in New York. The exchange is regulated by NYDFS which makes it highly trustable. Currently, there are more than 75 cryptocurrencies available for buying, selling and trading on the platform. More than 15 million users trust their crypto assets to Gemini, which makes around 200 million USD trading volume every day.
Gemini is available in more than 60 countries all over the world and in 50 US states.
Trading fees are quite low on Gemini exchange comparing to other platform. There are 10 levels of fee schedule depending on your 30-day trading volume. First level starts at 0.20%/0.40% maker/taker fee and 0.01% auction fee and will become as low as 0.00%/0.03% maker/taker and 0.00% auction fee on level 10. Fee schedule for stablecoins is commission free. However, transaction fees can become quite expensive depending on your deposit/withdrawal method. Depositing to exchange using Wire Transfer or cryptocurrency is free. More information about fees your can find on official website.
Gemini exchange allows their customers to earn interest on holding crypto assets in Gemini Earn. All you need to do is just to move your funds to Gemini Earn. You can always move assets back to your main account for free. It is possible to earn interest on stablecoins as well. Some cryptocurrencies offer APY up to 8.05%. Your interest can be calculated here. Gemini Earn is available in every U.S. state, Singapore, and Hong Kong.
Gemini Credit Card
Gemini offers their customers a completely free Mastercard credit card. With Gemini credit card you can get up to 3% back from your purchases. Currently, Gemini card is only available for US customers.
Gemini dollar (GUSD)
Gemini exchange has its own token, which is always traded 1-to-1 with USD. More than 25 platforms currently support GUSD, while other exchanges usually make their coin uniquely available on their platform only. Trading GUSD on Gemini is commission-free and coin is supported by Gemini Earn.
For advanced traders Gemini offers high-performance platform. ActiveTrader allows you to create a trading strategy using continuous orders, block trading and auctios. Platform is optimized for most of the mobile browsers which allows you to trade on the go wherever you are. ActiveTrader executes orders in microseconds which makes it the fastest platform on the market.
Another cool service available on the Gemini platform. Gemini Clearing allows to execute secure trades between two parties where Gemini acts as a confirming third-party.